<<Watch out for a hurricane.>>
Roger that!
I look for a storm scare to give a ST price spike that would be used to add to my puts
As the surplus declines, the Fall fall is no longer a slam dunk, but still very likely IMO
and probably pretty short lived
Elsewhere, I am still accumulating cash by reducing some positions and only doing
ST trading rather than investing as the macro is
starting to look worse and the chances for another (2008, recession) ugly patch seem
more and more likely although hopefully not as severe as '08
We'll know soon enough
